GF Securities to issue new short-term bonds, reports H1 profit

GF Securities Co., Ltd. plans to issue its ninth tranche of short-term corporate bonds in 2025, targeting professional investors, with a total value not exceeding RMB 3 billion. The uninsured bonds will have a maturity of 365 days and an issue price of RMB 100 per bond, with the interest rate determined by an inquiry process on October 10, 2025.

The company’s board of directors approved the issuance on September 25, 2025. Its lead underwriters are Huatai United Securities Co., Ltd., and Ping An Securities Co., Ltd. GF Securities' latest credit rating from China Chengxin International is AAA for the issuer and A-1 for the bonds, reflecting strong debt repayment capability.

In a related development, GF Securities recently disclosed the cancellation of a repurchase of 15,242,153 A-shares, reducing its total share capital from 7,621,087,664 to 7,605,845,511 shares. This move aims to enhance long-term investment value. The company maintained steady operational performance with a net profit of RMB 7.006 billion for the first half of 2025.